ヤマダ トモアキ   Yamada Tomoaki
  山田 知明
   所属   明治大学  商学部
   職種   専任教授
言語種別 英語
発行・発表の年月 2014/10
形態種別 学術雑誌
査読 査読有り
標題 Wage, Income and Consumption Inequality in Japan, 1981-2008: from Boom to Lost Decades
執筆形態 共著(筆頭者以外)
掲載誌名 Review of Economic Dynamics
巻・号・頁 17,pp.582-612
著者・共著者 Jeremy Lise, Nao Sudo, Michio Suzuki, Ken Yamada
概要 In this paper we document the main features of the distributions of wages, earnings, consumption and wealth in Japan since the early 1980s using four main data sources: the Basic Survey on Wage Structure (BSWS), the Family Income and Expenditure Survey (FIES), the National Survey of Family Income and Expenditure (NSFIE) and the Japanese Panel Survey of Consumers (JPSC). We present an empirical analysis of inequality that specifically considers the path from individual wages and earnings, to household earnings, after-tax income, and finally consumption. We find that household earnings inequality rose substantially over this period. Inequality in disposable income and in consumption also rose over this period but to a lesser extent, suggesting taxes and transfers as well as insurance channels available to households help to insulate household consumption from shocks to wages. We find the same pattern in inequality trends when we look over the life cycle of households as we do over time in the economy. Additionally we find that there are notable differences in the inequality trends for wages and hours between men and women over this period.
DOI 10.1016/j.red.2014.01.001